Catylist ID:
#30720408
Net Leased Investment Property For Sale - 8.7% CAP RATE
Retail-Commercial
for Sale
| Catylist Listing ID: | 30720408 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Other |
| Building Size (RSF): | 10,000 SF |
| Gross Land Area: | 2.86 Acres |
| Sale Price: | $725,000 |
| Unit Price: | $72.50 PSF |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 8.7% |
| Last Updated: | 3/31/2021 |
Overview / Comments
|
GREAT INVESTMENT OPPORTUNITY WITH 8.7% CAP RATE. Property is 100% leased. New long-term NNN leases executed on 7,000 SF and 3,000 SF suites. 10,000 square foot custom log structure located in West Shreveport just North of the LA 3132 Inner Loop Expressway. Property has been split into two suites of 7,000 SF and 3,000 SF. The 3,000 SF suite has 3 year lease with tenant effective 03/12/21. The 7,000 SF suite has 5 year lease with tenant effective 03/24/21. Property located on 2.86 acres and provides ample parking. |
Additional Details
| Nearest MSA: | Shreveport-Bossier City |
| County: | Caddo |
| Tax ID/APN: | 171434017002000 |
| Zoning: | C-UC |
| Property Visibility: | Good |
| Largest Nearby Street: | Jewella Avenue |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Good |
| Total Parking Spaces: | 40 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,139 | 65,062 | 139,142 |
| Median Age: | 34.2 | 34.3 | 35.29 |
| Households: | 3,615 | 24,891 | 55,640 |
Contact
Eric GibbsWalker-Alley & AssociatesShreveport, LA LACDB Member |
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